EARL OF CHESTER'S FUND
Latest income
£330k
Latest spending
£452k
Registered
2007
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted general reserves of £133,415 against a policy target of one year's property costs. The trustees report adequate resources for the foreseeable future, with total net assets of £2.8 million comprising significant endowment funds and investment property holdings.
What the accounts disclose
Reserves policy: one year’s property costs (held: £133k)
“It is the charity’s policy to maintain, as a minimum, unrestricted cash reserves sufficient to fund one year’s property costs.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“Donations were received from trustees during the year, without conditions, totalling £100,000 (2023 £124,000). Donations, without conditions, totalling £28,636 (2023 - £76,068) were received during the year from a company over which a trustee has a controlling interest.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- RODERICK EWAN HARRIESchair
- David Charles Starbuck-Edwards
- Frederick Christopher Storrar
- Michael Graham Huntriss
- Michael John Jones
- Professor Kevin Sykes
- RODNEY BRIAN WITTER
- nicolaus stuart Jenkins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £330k | £452k |
| 05/04/2024 | £313k | £114k |
| 05/04/2023 | £352k | £89k |
| 05/04/2022 | £267k | £93k |
| 05/04/2021 | £204k | £55k |
Common questions
Is EARL OF CHESTER'S FUND financially healthy?
The accounts state that the charity holds unrestricted general reserves of £133,415 against a policy target of one year's property costs. The trustees report adequate resources for the foreseeable future, with total net assets of £2.8 million comprising significant endowment funds and investment property holdings. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIMON & ELIZABETH BATEY CHARITABLE TRUST | 1 | £22k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £20k |
| Boodles Charitable Trust | 1 | £10k |
| THE SWALLOW TRUST | 1 | £10k |
| THE BOLTON GUILD OF HELP | 1 | £4k |